Grocery Express Stock Is Selling for $22 a Share

question 23

Multiple Choice

Grocery Express stock is selling for $22 a share. A 3-month, $20 call on this stock is priced at $2.65. Risk-free assets are currently returning 0.2 percent per month. What is the price of a 3-month put on Grocery Express stock with a strike price of $20?

• A)$0.37
• B)$0.53
• C)$0.67
• D)$1.10
• E)$1.18

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Definitions:

Behave Aggressively

Displaying actions or intentions that can cause harm or violence towards others or oneself.

Parental Warmth

The affection, support, and nurturance provided by a parent to their child, contributing to the child's emotional and psychological development.

Social Well-being

A dimension of well-being that involves having fulfilling relationships, social integration, support, and an understanding of community.

Prosocial Behavior

Behavior intended to benefit another without expectation of reward.